Kaytex Fabrics is set to make its debut on the stock market with an IPO scheduled for July 29. Shares are priced between Rs 171 and Rs 180 each, with the company aiming to raise around Rs 70 crore.
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and
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